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Home2022May

Month: May 2022

No Picture
International News

Renewable energy minister R K Singh asks states, UTs to set up committees for energy transition

May 25, 2022

He said addition of renewables, promotion of energy efficiency, and use of biomass and green hydrogen are key to energy transition New Delhi:Renewableenergy minister,R K Singh, has asked the chief ministers of all states, and […]

carbon neutral
Top News

Climate worries galvanize a new pro-nuclear movement in the U.S.

May 25, 2022 Mariel Alumit

Charles Komanoff was for decades an expert witness for groups working against nuclear plants, delivering blistering critiques so effective that he earned a spot at the podium when tens of thousands of protesters descended on Washington […]

European petroleum tanker rates rise due to geopolitical instability and marine fuel costs
EIA News

European petroleum tanker rates rise due to geopolitical instability and marine fuel costs

May 25, 2022

Petroleum tanker rates for routes originating in Europe rose to record highs in April 2022 because of geopolitical instability related to Russia’s full-scale invasion of Ukraine and rising marine fuel prices, also known as bunker […]

TotalEnergies
Finance

TotalEnergies acquires 50% of Clearway

May 25, 2022 Mariel Alumit

TotalEnergies announces the signature of agreements with Global Infrastructure Partners (GIP) to acquire 50% of Clearway Energy Group (CEG), the 5th US renewable energy player. This constitutes its largest acquisition in the renewable energy in […]

Crude.
Top News

Permian oil producers about to slow despite $100 crude

May 25, 2022 Mariel Alumit

(Bloomberg) — In a world crying out for more oil, a dusty stretch of West Texas and southeastern New Mexico is one of the only places that can deliver. But even with crude above $100 […]

U.S. oil
Finance

Hedge fund Elliott chases oil and gas deals, bucking Wall Street

May 25, 2022 Mariel Alumit

May 25 (Reuters) – Energy bankers who lost one client after another when poor returns pushed many investment firms out of the U.S. oil patch got a welcome email earlier this year. Elliott Management, a […]

Norwegian Petroleum Directorate
International News

NPD Grants Slew of Drilling Permits

May 25, 2022 Mariel Alumit

The Norwegian Petroleum Directorate (NPD) announced a slew of drilling permits this week. On May 24, the NPD revealed that it had granted Aker BP ASA a drilling permit for well 6507/2-6, and on May […]

Saudi Arabia
Crude Oil News

Saudi Arabia Still Sees Russia As An Integral Part Of OPEC+

May 25, 2022 Mariel Alumit

Saudi Arabia’s energy minister Price Abdulaziz bin Salman has signaled support for Russia, stating that it is a vital part of the OPEC+ group of oil producers. Salman added that politics should be key out […]

Oil
Commodities

Oil edges higher on tight supply and expected demand uplift

May 25, 2022 Mariel Alumit

French minister optimistic on EU oil embargo deal U.S. Memorial Day weekend travel to be busiest in two years U.S. EIA crude and products storage data due later on Wednesday LONDON, May 25 (Reuters) – […]

No Picture
International News

India power ministry seeks 2-yr extension to emissions deadline

May 25, 2022

Indian cities have some of the world’s most polluted air. Thermal utilities, which produce 75 per cent of the country’s power, account for some 80 per cent of industrial emissions of sulphur- and nitrous-oxides, which […]

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